How to Purchase life insurance Policy for diabetic Patients

Purchasing a life
insurance policy is one of the wisest decisions a person will ever make.
Life
insurance tends to provide excellent
saving offers for our loved ones and this secures their future financial
status. The process of buying an
insurance policy is quite simple unless you have pre-existing serious
illnesses. Many insurance companies do not offer insurance coverage for people
with serious diseases. Diabetes is a serious illness and was not previously
covered by life insurance policies. In other words, people with pre-existing
diabetes, anyway, are not eligible for any kind of life insurance. However,
this has now changed with most insurance providers that offer attractive living
coverage for diabetic patients.

Buying life
insurance for diabetic Patients:

Diabetes has many complications and acute health
disorder throughout life. Well it is
controllable, which is associated with
health problems, including a myriad of heart and kidney diseases. Diabetes is
considered a major health hazard and a serious illness. Different types of
diabetes, including type I diabetes or type II or non-insulin dependent
diabetes mellitus and insulin dependent gestational diabetes. India is
popularly known as the “capital of diabetes” with 4% of the total
population suffering from one of these types of diabetes. Considering the
nature of this fatal disease, any diabetic patient or person with a family history of diabetes would be
covered with a decent life insurance. Many Indian insurers have introduced
attractive policies for safe diabetes care. These policies are multifunctional
and they can also be purchased in-line with minimal complications.

These policies not only provide greater financial
support, but also help diabetic patients effectively manage their health conditions.
People suffering from type II diabetes and those with pre-diabetic phase of
life with a family history of diabetes can opt for affordable acute illness programs. This life insurance programs
are ideal for maximum coverage of
pre-existing diabetes and pre-diabetes. Eligibility criteria and terms and
conditions for obtaining life insurance policies for diabetics in India are as
follows.

• The applicant must be in the group of 26-65 years
old.

• This policy
can be renewed up to 70 years

• the original copies of medical bills,
prescriptions and medical reports are required.

Benefits
of critical illness Programes:

• Well-being are organized by the insurer that
offers free exams every year.

. • premium rate decrease if the illness is under
control for a long period of time.

•Optional life
insurance coverage for foot
disease, kidneys and eye diseases. • Tax benefit under Section 80D of Indian Income
Tax Act.. In addition to these
benefits, when you buy life insurance policies with diabetes, the insurer also
initiates measures for the management of diabetes. Some insurance companies
offer web support, seminars and timely free tests for patients to keep them
healthy for a longer period of time.